French carmaker Renault is in talks to buy a minority stake in its Iranian joint venture partner, the Wall Street Journal cited an executive at the Iranian firm as saying.
Naser Aghamohammadi, managing director of Renault's st
HNA Group Co, the owner of China's Hainan Airlines, is interested in buying air cargo handler Swissport International, a source familiar with the matter told Reuters.
European private equity firm PAI Partners, which owns Swiss
US chemicals maker Platform Specialty Products Corp said it would buy UK's Alent for about £1.35 billion ($2.09 billion) in cash to expand its portfolio and save costs.
The 503-pence-per-share offer comes at a 49 per cen
Foreign investors bought 2.33 per cent of all shares purchased on Saudi Arabia's stock market in June, the first month since new rules allowed more overseas investment in the Arab world's largest bourse, data showed on Thursday.
Emirates National Oil Co (Enoc) went public with an offer to buy out minority shareholders in Dragon Oil, saying talks with a committee set up by the Turkmenistan-focused oil explorer had not yet produced the endorsement it believed its ‘f
Saudi Arabia has taken a ‘strategic decision’ to acquire nuclear weapons from Pakistan, senior US officials told the Sunday Times.
Sunni Arab states are increasingly concerned over a deal with Iran backed by U
Bank of Bahrain and Kuwait (BBK) is open to acquisitions of Islamic banks provided they offered a feasible business proposition, the bank's chairman Murad Ali Murad has said.
Speaking on the sidelines of a combined annual and
Chinese conglomerate Fosun International said it bought a five per cent stake in British travel group Thomas Cook Group, deepening its foray into Europe's tourism sector after buying French holiday maker Club Med last month.
Qatar Airways has bought a 9.99 per cent stake in International Airlines Group, worth around 1.15 billion pounds ($1.7 billion), building closer ties with the owner of its partners British Airways and Spain's Iberia in the one world alliance
Saudi Arabia's National Industrialisation Co (Tasnee) signed a SR1.2 billion ($319.4 million) Islamic loan it will use to part-fund buying a further stake in its subsidiary Cristal, the industrial manufacturer said.